Preview

Accounting Information Systems

Powerful Essays
Open Document
Open Document
5221 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accounting Information Systems
®

Tunku Abdul Rahman University College

Faculty of Accountancy, Finance & Business

Bachelor of Accounting

Year 2

Written Assignment

BACS2703 Accounting Information Systems

2014/2015

Table of Contents
1. Aims 2
2. Learning Outcomes 3
3. Group Formation 3
4. Assignment Tasks 3
5. Distribution of Assignment & Submission Date 8
6. Assignment Report Format 9
7. Assessment 10
8. Late Submission 10
9. Penalty 10
10. Feedback 10
11. Plagiarism & Collusion 11
12. SafeAssign 12
13. Appendix 12

1. Aims

This assignment is a partial fulfilment of requirements leading to Bachelor degree in Accounting, for students who are taking the course of BACS2703 Accounting Information Systems.

This assignment aims to provide students with a detailed understanding of business activities performed in the major business cycle and the flow of accounting data and information in those accounting information system. Upon completion of this assignment, students would be able to appreciate and practically apply the different methods in building, using and implementing accounting information systems to meet organisation goals which are taught through BACS2703 Accounting Information Systems. It introduces and manages the use of information communication technology and accounting information systems in the actual business environment in order to optimize business benefits.

2. Learning Outcomes

Upon the completion of this assignment, the students will be able to:-
Comprehend the basic business activities and related information processing operation performed in the accounting information system.
Demonstrate the application of Data Flow Diagram (DFD) and flowcharting modelling tools to design an accounting information system to provide information needed to make key decisions.
Recommend various control internal methods of using and implementing accounting information

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods

    • 971 Words
    • 4 Pages

    Core Concepts of Accounting Information System Author: Nancy A. Bagranoff copyright © 2008 John Wiley & Sons, Inc.…

    • 971 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Let's start with a review of the three requirements of Part A of the Course Project. Explain why it is important to analyze each financial transaction of a business and to report it in the Accounting Information System. Sugges...…

    • 576 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Riordan Manufacturing is global leader in plastics with a projected annual earnings of $46 million. They operate out of California, Michigan, and Georgia along with a joint venture in China. Each of the operations has its own finance and accounting system. Their conversion of the accounting cycle has helped them to earn their success. This paper will classify the five accounting cycles and one will be chosen to be a basis for this paper. The strengths and weaknesses of the internal controls related to the cycle will be distinguished along with an explanation of how Riordan has integrated this part of the accounting cycle into an enterprise-wide accounting system. Lastly, a differentiation between the various types of information systems that were necessary for Riordan to achieve the integration will be discussed.…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Study

    • 625 Words
    • 3 Pages

    Jones, Frederick & Rama (2006). Accounting Information Systems: A Business Process Approach (2nd ed.). Mason, OH: Thomson South-Western…

    • 625 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Turner, L. (2009) Accounting Information Systems: Controls and Processes. Hoboken, NJ: John Wiley & Sons, Inc.…

    • 3275 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Fontinelle, A. (2011, March 2). Introduction To Accounting Information Systems. Retrieved May 26, 2015, from http://www.investopedia.com/articles/professionaleducation/11/accounting-information-systems.asp…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Acct 542 Audit Proposal

    • 1234 Words
    • 5 Pages

    References: Bagranoff, N.A., Simkin, M.G., & Strand Norman (2008). Core Concepts of Accounting Information Systems (10th ed.). New York: NY: John Wiley & Sons, Inc.…

    • 1234 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    New technology in information systems have bought significant changes in accounting profession, practices and processes. It has increased the efficiency and accuracy in accounting and has speed up the process for manual accounting tasks, but also improved security of accounting data and increased transparency. Large organizations and multinationals are changing over to this new information systems and technologies to carry out their accounting tasks on global basis. This information system has led to standardization not only among the different divisions, locations and offices of a single organization, but also on a global basis.…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    References: Bragranoff, N. A., Simkin, M. G., & Norman, C. S. (2008). Core Concepts of Accounting Information Systems (10th ed.). New York, NY: Wiley.…

    • 1152 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Riordan Manufacturing

    • 1644 Words
    • 7 Pages

    An organization’s accounting information system includes collecting information then dividing the information into cycles. This paper will identify the five accounting cycles and specifically how Riordan Manufacturing uses the expenditure cycle. The strengths and weaknesses of the internal controls related to the expenditure cycle will be examined. This paper will explain how to integrate the expenditure cycle into an enterprise-wide accounting information system. The various types of information systems necessary to achieve this integration…

    • 1644 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Pre-requisite Courses and Assumed Knowledge and Capabilities None Course Description Accounting for Management Decisions provides postgraduate, non-accounting students with an understanding of the role of accounting as a system of information gathering and reporting that plays an important role in business decision-making. This course is specifically designed for students with little or no prior knowledge in accounting. Objectives/Learning Outcomes/Capability Development The major learning outcomes for this course is that you should have enhanced your understanding of and developed your ability to use financial, non financial and management accounting concepts and terminology in business decision-making. Successful completion of this course means that you are expected to be able to: Use accounting in business decision-making Explain the 3 financial reports Apply major types of financial ratio analysis Use major techniques of Financial & Management accounting Understand contemporary management accounting systems…

    • 2381 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    MYOB TUTORIAL WORKSHOP (1)

    • 2416 Words
    • 10 Pages

    the new system? If so, why? Or do you feel ABC could have done a better…

    • 2416 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Unit Plan

    • 2763 Words
    • 12 Pages

    UNIVERSITI TUNKU ABDUL RAHMAN FACULTY OF ACCOUNTANCY AND MANAGEMENT (FAM) Unit Plan | |Unit Code & |UKAI2023 ACCOUNTING INFORMATION SYSTEMS I | | |Unit Title | | | |Course of Study |Bachelor of Accounting (Hons) | | |Year of Study |Year Two | | |Year and Trimester |201301 | | |Credit Hour |3 credit hours | | |Lecturing hours and |2-hour lecture per week for 14 weeks | | |tutorial hours |1.5-hour tutorial per week for 14 weeks | | |Lead Lecturer |Ms. Noreen Kong Ching Ching | | |Co Lecturer |Ms.…

    • 2763 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    Business Process Reengineering (BPR) involves changes in process and structure within the companies, the entire human resources, technological, organization structure may be transformed in BPR. Information Technology plays a crucial role in BPR as it offers office automation and help the business to be managed in remote distance, provides flexibility in service, permits shorter time to deliver and accelerate the paperless transactions. In general, BPR increases the companies working efficiency and reduces the cost in a totally different manner. BPR targets the systematic reanalysis and redesigns the business structures, workflows and processes operated within business environment to facilitate the improvement of production efficiency, customer satisfaction, it can optimize potential business opportunities, enhance the overall competitiveness in global competition. The globalization of economy have formulated a new condition in business market, the demands are not only limited in quantity of products but also price, quality and selection. In order to clear the barriers, many companies have started to mend their business processes and operations in the purpose of facing the global challenges. Business Process Reengineering was initiated by Michael Hammer and James Champy in 1993, they provide the definitions are “Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance such as cost, quality, service and speed” and the “Process is a structured, measured set of activities designed to produce a specified output for a particular customer or market.” (Davenport 1993), the example is delivered by Ford, who was successfully deducted the accounts payable staff by…

    • 3168 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    firms

    • 1864 Words
    • 8 Pages

    The first book on the list, Accounting, Tools for Business Decision Making, is the textbook for this course. The topic outline, the end-of-chapter assignment grid, the quiz, the group project and group assignment refer to chapters in this book. Other reference materials will be added if necessary.…

    • 1864 Words
    • 8 Pages
    Powerful Essays